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Plexus provides electronic manufacturing services that help other companies design, develop, and manufacture their electronic products. It covers the full lifecycle from product design and engineering services to manufacturing, testing, and supply chain management, so clients can focus on their core business. Plexus operates a globally distributed network of engineering and manufacturing facilities, including locations in Asia, to handle complex, regulated products for industries such as healthcare, aerospace, and defense. The company differentiates itself through its integrated network of engineering and manufacturing capabilities, ability to handle high-complexity programs, and global footprint that scales production and accelerates time to market. Plexus’s goal is to enable customers to bring high-quality electronic products to market efficiently by providing end-to-end EMS solutions and a worldwide manufacturing base.
Industries
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Oradea, Romania
Founded
1979
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Plexus reported record revenue in its fiscal third quarter of 2026, driven by strong end market demand and successful new programme launches. The company now expects to deliver more than 20% revenue growth for fiscal year 2026. During the earnings call, President and CEO Todd Kelsey noted that Plexus's focus on quality and delivery is creating customer success. The company captured strengthening demand across its markets whilst onboarding multiple new programmes. Kelsey also mentioned that a tornado struck near the company's corporate headquarters earlier in the week, causing significant damage to the local community. However, he confirmed there were no fatalities or missing persons reported, and Plexus experienced no material impact to its operations or headquarters. Executive Vice President and Chief Operating Officer Oliver Mihm was unable to attend the call due to unexpected illness but is scheduled to participate in the fiscal fourth quarter earnings call.
Plexus Corp reported record Q3 fiscal 2026 revenue of $1.305 billion, marking 28% year-over-year growth and exceeding guidance. The electronics manufacturing services company raised its fiscal 2026 revenue growth outlook to over 20%, with fiscal 2027 expected to surpass its 9% to 12% growth target. Non-GAAP operating margin reached 6.3%, meeting the high end of guidance. The company anticipates fiscal 2026 margins will exceed 6%, with further expansion expected in 2027. Plexus's qualified manufacturing opportunities funnel hit a record $4.5 billion, up 23% year-over-year. Aerospace and defence wins totalled $400 million year-to-date, more than double the combined fiscal 2024 and 2025 performance. Cash cycle days improved to 62 days, the best result in over five years. The company expects meaningful free cash flow generation to resume in fiscal 2027.
Plexus: fiscal Q3 earnings snapshot. July 29, 2026, 5:01 PM NEENAH, Wis. (AP) - NEENAH, Wis. (AP) - Plexus Corp. (PLXS) on Wednesday reported fiscal third-quarter earnings of $43 million. On a per-share basis, the Neenah, Wisconsin-based company said it had profit of $1.58. Earnings, adjusted for stock option expense, came to $2.32 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.10 per share. The electronic manufacturing services company posted revenue of $1.3 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.23 billion. Keep Watching After Fort Dupont Ice Arena renovation, some skaters and hockey programs say access has shrunk After Fort Dupont Ice Arena renovation, some skaters and hockey programs say access has shrunk This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLXS at https://www.zacks.com/ap/PLXS
Plexus has filed a Form S-3 with the US Securities and Exchange Commission to register debt and equity securities under an amended credit agreement. The facility has a maximum commitment of $500 million, with the option to increase to $750 million through additional commitments from existing or new lenders. The credit agreement, amended and restated in 2024, will be used for general corporate purposes, including working capital, capital expenditures and potential acquisitions. Specific terms such as interest rates and covenants were not disclosed in the filing but will be detailed in the final agreement. The move reflects broader trends in energy infrastructure financing, with similar recent expansions by Ecoplexus and Jupiter Power to support renewable energy and storage projects.
Riverside Research partners with Plexus. 0 Comments On May 19, Riverside Research announced a strategic partnership with Plexus Corp., a global leader in designing, manufacturing, and servicing highly complex products in demanding regulatory environments, to rapidly develop designs for reusable modular-based hardware and software for the intelligence and defense markets. This partnership will deliver technology that uses a collaborative rapid prototyping approach to create adaptable, ultra-secure, connected devices. This is a critical step in addressing security concerns and decreasing time-to-market for such devices, which is essential as adversaries' technologies swiftly adapt to challenge the nation's security architecture, the company said. In their first joint effort, Riverside Research and Plexus developed the Aegis R52L Enhanced Retransmission Device, designed to secure end-user devices. Together, they moved from the initial concept to identifying requirements, developing prototypes and planning for full-scale manufacturing in under nine months. This pace sets a new standard for bringing these commercially viable technologies to market. "Partnering with Riverside Research aligns with our vision to help create the products that build a better world by enabling the rapid deployment of secure, cutting-edge technologies that protect freedom, people and the dedicated soldiers who serve our nation," said Jim Stokes, Plexus market sector vice president, aerospace/defense. "We are committed to accelerating their time-to-market through our integrated engineering and manufacturing solutions." "Too often, industry has been forced to navigate the complex ecosystem of defense contracts to fulfill the entirety of the product development process," said Carl Nerup, vice president, business development, at Riverside Research. "With Riverside Research and Plexus aligned, the marketplace now has an innovation engine. Together, we're combining our companies' world-class problem-solving abilities to guide customers smoothly from concept to product." Your competitors read IC News each day. Shouldn't you? Learn more about its subscription options, and keep up with every move in the IC contracting space.
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Industries
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Oradea, Romania
Founded
1979
Find jobs on Simplify and start your career today